Ratings agency Standard & Poor’s warned Tuesday that a so-called hard Brexit could lead the U.K. into a moderate recession and weaken its long-term growth potential, which could then hurt its credit rating.

Although S&P’s base-case is that the U.K. and the European Union will reach a Brexit deal that will be succeeded by a transition phase through 2020 and a free-trade agreement, “we believe the risk of a no-deal has increase sufficiently to become a relevant rating consideration,” said credit analyst Paul Watters, in a news release.

The negotiations over the British withdrawal from the European Union were supposed to be over by now. But the October European summit came and went without a deal. And a much-hyped challenge to Prime Minister Theresa May’s leadership fizzled out Wednesday, in part thanks to the reaction to the gruesome off-the-record language from critics in her party.

The north-east of England and the Midlands will be hit hardest by a new immigration system that would see the vast majority of low-skilled EU migrants barred from settling in Britain, new analysis reveals.

With the fateful date fast approaching, the France’s Ministry of Economy and Finance is encouraging French businesses to prepare for a no-deal Brexit. EURACTIV France reports.

“Whatever happens, there will be changes. We therefore have to prepare for every scenario, including no-deal,” civil servants at the French Ministry of Economy and Finance said prior to a meeting between Minister of State Agnès Pannier-Runacher and business representatives on Tuesday (23 October).

World-leading scientists and mathematicians from across Europe have warned against a hard Brexit if the UK is to preserve its vital research.

In a letter addressed to Theresa May and European Commission president Jean-Claude Juncker, 29 Nobel Prize winning scientists and six winners of the prestigious Fields Medal urged them to pursue the “closest possible cooperation”.

This country is obsessed by football. Many of the people who voted to “leave Europe” follow closely the ups and downs of the teams in the Premier League, teams whose stars and managers are often from, well, “Europe”.

https://euaccess.eu/wp-content/uploads/2018/10/2500.jpg7441240adminhttps://euaccess.eu/wp-content/uploads/2018/09/EUaccess_logo_200x100-300x73.pngadmin2018-10-22 15:04:342018-10-23 15:04:50The Guardian: Brexit is like a Premier League side wanting to be relegated